Page 5 - Unemployment In India

Cong slams Modi govt over issue of unemployment, says job famine worsened

The Congress on Thursday alleged that the country's "jobs famine" has worsened in the last ten years of Modi government, and accused the prime minister of miserably failing to fulfil his promise of creating two crore jobs every year. Congress general secretary Jairam Ramesh said India's youth deserve growth that delivers them good quality jobs not joblessness and 'pakora' shops. According to data from Centre for Monitoring Indian Economy, unemployment for youth aged 25-29 was the highest in almost four years, at 15.5 percent in December 2023, he said. "This means that unemployment now is worse than it was during the COVID-19 pandemic," he alleged. For youth aged 20-24, he said the unemployment rate hit a peak of 45.5 percent. Even for those between ages 30 and 34, the unemployment rate is at a three-year high, he claimed. "The crisis is especially bad in rural areas, and more and more families are turning to MGNREGA as there are no other jobs available," he said. "It is absolute

Jobs, jobs, jobs

India needs to optimise capital allocation for enhanced employment opportunities

Unemployment among graduates declines to 13.4% between July 2022, June 2023

Unemployment rate among graduates in a the age group of 15 years and above has declined to 13.4 per cent in 2022-23 from 14.9 per cent in year ago, according to a government survey. As per the latest Periodic Labour Force Survey (PLFS), conducted by the Ministry of Statistics & Programme Implementation, the lowest unemployment rate among graduates aged 15 years and above witnessed in Chandigarh at 5.6 per cent, which was followed by Delhi with 5.7 per cent during 2022-23. The data showed the highest unemployment in Andaman & Nicobar Island at 33 per cent, followed by Ladakh at 26.5 per cent and Andhra Pradesh at 24 per cent. Among larger states, the unemployment rate was high in Rajasthan at 23.1 per cent and in Odisha at 21.9 per cent. Joblessness or unemployment rate is defined as the percentage of unemployed persons in the labour force. Considering the importance of the availability of labour force data at more frequent time intervals, the NSSO launched the Periodic Labour .

Oppn stages protest against Maha govt over unemployment, exam paper leaks

Leaders from the Opposition parties targeted the Maharashtra government over the issues of unemployment and exam paper leaks on Friday, the sixth day of the winter session of the state assembly. Legislators from the Maha Vikas Aghadi, constituting the Shiv Sena (UBT), Nationalist Congress Party's Sharad Pawar faction and Congress, gathered on the steps of the Vidhan Bhavan and raised slogans against the government. Leader of Opposition in the legislative council Ambadas Danve, legislators Satej Patil and Sachin Ahir, among others, brought utensils and pakoras as part of the protest. Speaking to reporters, Danve claimed that the number of unemployed youth has increased in the state and while the government keeps advertising about jobs, it does not fill vacancies. "Unemployment and exam paper leaks are Prime Minister Narendra Modi's guarantees," he said.

Centre recruits nearly 700,000 in 11 'rojgar melas' during Oct 22-Nov 23

Santosh Mehrotra, visiting professor, University of Bath, says recruiting close to 300,000 people in less than a month is highly unlikely as the process can be a long-drawn process

Himachal Pradesh tops unemployment chart in July-Sept: Labour Survey

Himachal Pradesh has witnessed the highest overall unemployment rate of 33.9 per cent, followed by Rajasthan at 30.2 per cent, among the age group of 15 to 29 years in cities during July-September 2023, according to the Periodic Labour Force Survey (PLFS). The PLFS data of the National Sample Survey Office (NSSO) also revealed that unemployment among the 15-29 age group in urban areas was high among females at 49.2 per cent in the July-September quarter of this fiscal year as compared to 25.3 per cent among males in Himachal Pradesh. in the case of Rajasthan, the joblessness in females in cities was high at 39.4 per cent in the quarter as against 27.2 per cent in males. Jammu & Kashmir also reported a high rate of joblessness at 29.8 per cent in the age group in cities. In the case of Jammu & Kashmir, unemployment was high among females at 51.8 per cent in the quarter compared to 19.8 per cent among males in the period in cities. The data showed that the overall unemployment ..

After two quarters of fall, urban unemployment rate stagnated at 6.6% in Q2

However, the unemployment rate for the youth (15-29 age group) declined to 17.3 per cent in Q2 from 17.6 per cent in the June quarter

Unemployment rate falls to 6.6% in September quarter: Govt survey

The unemployment rate for people aged 15 years and above in urban areas declined to 6.6 per cent in the September quarter from 7.2 per cent a year ago, as per the National Sample Survey Survey (NSSO). Joblessness, or unemployment rate, is defined as the percentage of unemployed people in the labour force. Joblessness was high in the July-September period, mainly due to the staggering impact of Covid-related restrictions in the country. The unemployment rate in the March quarter of the previous fiscal was 6.8 per cent, while it was 6.6 per cent in April-June. The rate was 7.2 per cent in the third quarter of the previous fiscal. The unemployment rate for people aged 15 years and above in July-September 2022 was 7.2 per cent in urban areas, the 20th Periodic Labour Force Survey (PLFS) showed. It also showed that the unemployment rate among females (aged 15 years and above) in urban areas declined to 8.6 per cent in July-September from 9.4 per cent in the same quarter a year ago. It

Small-town freshers learning new-age tech skills to crack IT sector jobs

More and more candidates are registering to learn these skills in hopes of finding better employment opportunities in an increasingly competitive job market

J-K's unemployment rate dips to 4% from 5.2% in 2021-22: Officials

Jammu and Kashmir's current unemployment rate has decreased to around four per cent from 5.2 per cent in the financial year 2021-22, a senior official said. Director (Employment) Nisar Ahmad stated this during a meeting here to give an overview of the employment scenario in Jammu and Kashmir. "In the recent survey of the Ministry of Statistics and Programme Implementation (MoSPI), the unemployment rate in the Union territory has taken a dip and reduced to around 4 per cent from earlier 5.2 per cent (2021-22)", Ahmad said here. He said that the employment department is going to facilitate all those implementing employment generation schemes so that the rate of unemployment is brought to just 3 per cent, which is on par with the national average in the country. Speaking on the occasion, Secretary (Labour and Employment), Rehana Batul called upon all stakeholders to work towards further bringing down the unemployment rate of the UT and said that more than a dozen departments are worki

Reflects success: MoHRE as over 6.6 mn subscribe to Unemployment Insurance

The Scheme ensures social protection for workers - citizens and residents - in the federal government and private sectors, as it provides three-month compensation amounts for the insured

Unemployment rate in October rises to more than two-year high, says CMIE

The weakest monsoon rains in five years is weighing on farming output in the world's second-biggest producer of rice, wheat and sugar

EPFO's investible corpus crosses Rs 21 trn in FY23, ETF investments at 9.2%

The total investible corpus under the social security organisation has nearly doubled in the past five years. Earlier in FY19, the total corpus had stood at Rs 11.1 trillion

Tackling urban poverty

India's informal sector is a potent force for change and policymakers need to unlock its potential

Unemployment rate in India at its lowest level in 6 years: PM Modi

Prime Minister Narendra Modi on Thursday said India's expanding economy is creating new possibilities for the youth and the unemployment rate in the country is at its lowest level in the last six years. In a video message to the Kaushal Deekshant Samaroh of the Ministry of Skill Development and Entrepreneurship, the prime minister noted that new possibilities are being created for the youth as India's economy is expanding. He said that employment creation in India has reached a new height and the unemployment rate in India is at its lowest level in 6 years according to a recent survey. Noting that unemployment is decreasing rapidly in both rural and urban areas of India, the prime minister emphasised that the benefits of development are reaching both villages and cities equally, and as a result, new opportunities are increasing equally in both villages and cities. He also pointed out the unprecedented increase in the participation of women in India's workforce and credited the impa

Salaried employment slips in 12 major states, UTs, shows PLFS data

It's widely held that salaried roles, which guarantee consistent wages, offer better job security than casual positions or self-employment

India's jobless rate at 6-year low; wage employment share shrinks

The unemployment rate under the so-called "usual status" during the one-year period declined for the fifth consecutive year since its launch in April 2017

Urban jobless rate falls for second consecutive quarter to 6.6 % in Q1

The jobless rate in urban areas had been on a continuous decline since the high of 12.6 per cent recorded in the Covid-affected April-June quarter of FY22

As firms go on hiring freeze, freshers looking for jobs hit record-high

As many as 2.6 million freshers were actively looking for job opportunities in the last 30 days

Rural reprieve pushed India's unemployment rate to 1-year low in Sept: CMIE

The overall joblessness rate slid to 7.09% last month, from 8.10% in August, data from private research firm Centre for Monitoring Indian Economy showed.